ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Confluent Medical Technologies Expanding, Adding Capacity for Nitinol Processing and Catheter Manufacturing

Confluent Medical Technologies Announces Expansion of the Confluent Costa Rica Manufacturing Location To Meet Growing Demand in Nitinol Processing & Specialized Catheters

Confluent Medical Technologies (Confluent), today announced a significant expansion of their Costa Rica manufacturing by adding a new facility to accommodate the increase in customer demand for specialized medical devices utilizing Nitinol components and complex catheters.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210524005645/en/

The new 67,000 sq. ft. facility is expected to be operational in the first quarter of 2022. (Photo: Business Wire)

The new 67,000 sq. ft. facility is expected to be operational in the first quarter of 2022. (Photo: Business Wire)

This new facility will be co-located with the existing Confluent Costa Rica facilities and is expected to be operational in the first quarter of 2022. The new site will greatly expand Confluent’s capacity to process Nitinol components, as well as produce complex catheters using a combination of clean rooms and white-space manufacturing.

“Confluent has been experiencing consistent and strong growth in recent years,” says Confluent President & CEO, Dean Schauer. “This expansion will support our new product pipeline that is significantly stronger than anything Confluent has previously experienced.”

Confluent supports some of the fastest growing medical device markets such as interventional Neurovascular, Electrophysiology, Structural Heart and Peripheral Vascular. As a result of the double-digit growth of these currently served markets, a substantial number of new products are coming into production and will utilize this new facility space immediately. Additionally, Confluent is considering additional expansion options beyond this new facility.

About Confluent Medical Technologies

Confluent Applies Materials Science to MedTech Innovation. Confluent’s engineered solutions to the most challenging design problems enable our OEM medical device customers to offer life-saving implantable products. Our customers rely on Confluent for materials science and associated manufacturing expertise which is critical to the function and value of their most demanding, high growth products – proprietary expertise which spans processing of high purity Nitinol, ultra-high density knitting of biomedical textiles and precision laser treatment of specialty polymers. Confluent partners with leading OEM’s to create a selective product portfolio which includes such complex applications as transcatheter heart valves, neurovascular implants, endovascular stent grafts and advanced smart catheters. With facilities in Fremont and Laguna Niguel, California; Warwick, Rhode Island; Windham, Maine; Austin, Texas; Chattanooga, Tennessee; and San Jose, Cost Rica, Confluent has earned the confidence of the leaders in the medical device community through a proven track record of innovative materials science, engineering and manufacturing.

For information please contact Confluent Medical, https://confluentmedical.com/.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  239.30
+0.00 (0.00%)
AAPL  259.48
+0.00 (0.00%)
AMD  236.73
+0.00 (0.00%)
BAC  53.20
+0.00 (0.00%)
GOOG  338.53
+0.00 (0.00%)
META  716.50
+0.00 (0.00%)
MSFT  430.29
+0.00 (0.00%)
NVDA  191.13
+0.00 (0.00%)
ORCL  164.58
+0.00 (0.00%)
TSLA  430.41
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.